energy’s shadow price and energy efficiency in china: a non-parametric input distance function analysis

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ID: 250448
2015
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Abstract
This paper extends prior research on energy inefficiency in China by utilizing a unique shadow price framework allocation in 30 Chinese provinces. We estimate the shadow price for energy input using the framework of production, and use the ratio of the shadow price to the market price to describe energy utilization. Using Chinese provincial-level data from 1998 to 2011, the results of the analysis reveal that shadow prices in China have grown rapidly during the sample period, which signifies that China has improved its performance in energy utilization since 1998. However, there are eighteen provinces whose shadow prices are lower than market prices. This result suggests that energy utilization is at a low level in these provinces and can be improved by a reallocation of inputs.
Reference Key
sheng2015energiesenergys Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;Pengfei Sheng;Jun Yang;Joshua D. Shackman
Journal acs combinatorial science
Year 2015
DOI
10.3390/en8031975
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